Posts Tagged ‘BancorpSouth’

Renasant, BancorpSouth acquisitions seen boosting earnings per share

by Ted Carter Published: February 17,2014

Tags: BancorpSouth, banking, Business, finance, Mississippi, Renasant

Analysts see bump-ups in earnings per share from growth achieved by Tupelo’s Renasant Bank through acquisition of M&F Bank of Kosciusko and growth expected by Tupelo neighbor BancorpSouth’s announced acquisitions in Texas and Louisiana. The $5.7 billion Renasant’s first full quarter with M&F was a solid one, Birmingham, Ala.-based Stern Agee reported, citing a .03 […] [...]

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

Bank sees modest rise in earnings after retirement buy-out

TUPELO — Regional bank BancorpSouth Corp. says profit in 2013′s second quarter rose less than 1 percent from the same three months of 2012, as an early-retirement buyout drove up costs. BancorpSouth posted quarterly profit of $20.8 million, or 22 cents per share Tuesday. That’s up from $20.6 million or 22 cents per share in […] [...]

Mississippi banks show strength with top Bauer ratings

by Ted Carter Published: June 14,2013

Tags: BancorpSouth, banking, Bauer Financial, Hancock Bank, Regions Bank, SOUTH Bank, Trustmark Bank

Highlighting the strong stability of Mississippi’s banks, Bauer Financial has awarded five-star “Superior” ratings to over half of the state’s banks for their first-quarter performance, including two of the largest banks — Hancock Bank and Trustmark Bank. Two other major banking Mississippi banking entities — Birmingham-based Regions Bank and Tupelo’s BancorpSouth — received the three-and-a-half […] [...]

BancorpSouth CEO credits decades of leadership, innovation to bank’s 135-year history

by Lynn Lofton Published: April 12,2013

Tags: BancorpSouth, banking, Dan Rollins, Public Companies

From a humble beginning as a small bank in a hardware store in Verona, BancorpSouth has grown into a regional financial holding company with $13.4 billion in assets and is listed on the New York Stock Exchange. The Mississippi company began trading under the symbol BOMS on NASDAQ in 1985. Since 1997 it has traded […] [...]

Banks can assist small businesses with a variety of services, programs

by Lynn Lofton Published: January 18,2013

Tags: BancorpSouth, Banks, lending, small businesses, Trustmark

Banks can be small business owners’ best friends, providing a range of services, advice and a shoulder to lean on. The definition of a small business can vary, depending on how much activity a business runs through a bank, according to Art Stevens, president of retail banking for Trustmark National Bank. “Accounts can trigger based […] [...]

New BancorpSouth CEO looks to repeat his Texas-style success in Tupelo

by Ted Carter Published: December 7,2012

Tags: Aubrey Patterson, BancorpSouth, banking, Dan Rollins

The wheeler-dealer who helped transform Houston-based Prosperity Bank into Texas’ third-largest banking company is now in Tupelo with what analysts expect is a much different mission: Slim down BancorpSouth’s expenses with a focus on profitability. The appointment of James “Dan” Rollins III to head BancorpSouth’s multi-state banking operation makes sense for a bank in pursuit […] [...]

Read December 7 issue of MBJ

by MBJ Staff Published: December 7,2012

Tags: architects & engineers, BancorpSouth, Greenville, Iron Horse Grill, Twin Creeks

>> BANKING New BancorpSouth CEO has big plans for Tupelo-based bank— by Ted Carter Also in this week’s paper: >> DINING Landmark Iron Horse Grill returns to Jackson by Ted Carter >>ECONOMIC DEVELOPMENT Downtown Greenville lands on National Register of Historic Places— by Clay Chandler >> ENERGY What did Twin Creeks vetting process miss? — […] [...]

Patterson on new leadership

by Ted Carter Published: December 7,2012

Tags: Aubrey Patterson, BancorpSouth, banking, Tupelo

After 22 years as CEO of BancorpSouth, Audrey Patterson has handed the chief executive duties to veteran Texas banker James “Dan” Rollins III. Patterson, who will remain as chairman, recently answered several questions regarding the $13 billion banking regional banking company’s new leadership. >>New BancorpSouth CEO looks to repeat his Texas-style success in Tupelo Major […] [...]

James Rollins new CEO at BancorpSouth

TUPELO — James D. Rollins III has been named chief executive officer of BancorpSouth Inc., a financial holding company headquartered in Tupelo. Rollins will succeed Aubrey B. Patterson, BancorpSouth’s current CEO, on Tuesday. The 53-year-old Rollins has served as president and chief operating officer at Prosperity Bancshares, Inc., headquartered in Houston, Texas, since April 2006. […] [...]

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